OPEN-SOURCE SCRIPT
Distance from MA (%)

Purpose:
This indicator calculates and plots the distance in percentage between the current price and a specified moving average. The distance is displayed in a separate window below the main price chart.
Features:
Configurable Moving Average Period: You can set the period for the moving average calculation.
Multiple Moving Average Methods: The indicator supports various moving average methods, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA).
Applied Price Selection: You can choose which price to use for the moving average calculation (e.g., close, open, high, low, etc.).
Parameters:
MA Period: The number of periods to use for the moving average calculation.
MA Method: The type of moving average to use (SMA, EMA, WMA, VWMA).
Applied Price: The price used for the moving average calculation.
Calculation:
Moving Average Calculation:
Depending on the selected method, the indicator calculates the moving average (MA) value for each bar using the specified period and applied price.
Distance in Percentage:
The distance is calculated as the difference between the current price and the moving average value, divided by the moving average value, and then multiplied by 100 to convert it to a percentage.
Formula: Distance %=(Applied Price−MA ValueMA Value)×100Distance %=(MA ValueApplied Price−MA Value)×100
Plotting:
The indicator plots the calculated distance in percentage as a line in a separate window below the main chart. The plot is colored red and has a linewidth of 2 for better visibility.
This indicator calculates and plots the distance in percentage between the current price and a specified moving average. The distance is displayed in a separate window below the main price chart.
Features:
Configurable Moving Average Period: You can set the period for the moving average calculation.
Multiple Moving Average Methods: The indicator supports various moving average methods, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA).
Applied Price Selection: You can choose which price to use for the moving average calculation (e.g., close, open, high, low, etc.).
Parameters:
MA Period: The number of periods to use for the moving average calculation.
MA Method: The type of moving average to use (SMA, EMA, WMA, VWMA).
Applied Price: The price used for the moving average calculation.
Calculation:
Moving Average Calculation:
Depending on the selected method, the indicator calculates the moving average (MA) value for each bar using the specified period and applied price.
Distance in Percentage:
The distance is calculated as the difference between the current price and the moving average value, divided by the moving average value, and then multiplied by 100 to convert it to a percentage.
Formula: Distance %=(Applied Price−MA ValueMA Value)×100Distance %=(MA ValueApplied Price−MA Value)×100
Plotting:
The indicator plots the calculated distance in percentage as a line in a separate window below the main chart. The plot is colored red and has a linewidth of 2 for better visibility.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。